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Credit Administrator Salary

A Credit Administrator earns an average salary of $50,196 per year. Skills that are associated with high pay for this job are Collections, Credit Control, and Financial Analysis.

$35,300 - $116,431
(Median)
$35K
$50K
$120K
MEDIAN: $50,195
10%
50%
90%

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$12.66 - $22.35
(Median)
$13
$17
$22
MEDIAN: $16.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$35,300 - $116,431  
   
Bonus
$0.00 - $19,347  
Profit Sharing
$1,000 - $6,400  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$29,546 - $103,532  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 117
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$25$50$75
Hourly Rate
$12.66 - $22.35  
   
Overtime
$12.58 - $32.75  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$0.00 - $19,347  
   
Profit Sharing
$1,000 - $6,400  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$29,546 - $103,532  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 65

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Job Description for Credit Administrator

Credit administrators are responsible for managing and administrating credit-related duties on behalf of their company, and are in charge of facilitating and providing support-processing and electronic solutions for credit transactions. They also analyze credit requirements, process approval applications as required, approve and renew credit limits for clients and partners, and participate in business meetings to suggest new ways to approach credit administration processes.

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Credit Administrator Tasks

  • Ensure that approved accounts remain in good standing.
  • Establish terms for approved credit requests.
  • Assess credit risk.
  • Aggregate and evaluate data related to credit and credit risk to support organizational decision-making.

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Pay by Experience Level for Credit Administrator

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Related Job Salaries

United States (change)

Experience Affects Credit Administrator Salaries

Late-Career
up arrow 96%

Experienced
up arrow 9%

Mid-Career
up arrow 7%

National Average
$45,000

Entry-Level
up arrow 14%

Skills That Affect Credit Administrator Salaries

Collections
up arrow 19%

Credit Control
up arrow 18%

Financial Analysis
up arrow 14%

National Average
$45,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 40 votes.

Gender

Female
70 %
Male
30 %

Years of Experience

Less than 1 year
5%
1-4 years
26%
5-9 years
24%
10-19 years
27%
20 years or more
18%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 74%
vision benefits Vision: 64% employee benefits None: 12%